About Us

Reliant Federal Credit Union was established in Casper Wyoming in 1936 during the height of the Great Depression. At that time, few families could obtain affordable credit, and trust in banks was at an all-time low. As a financial institution owned by its members, our goal at that time—and today—was to bring affordable financial services to members, and help them fulfill their dreams.

Today, Reliant has expanded to serve more than 10,000 members in both Natrona and Converse Counties with four branches, and a broad array of electronic services to help you manage your money anytime, from anywhere.

Although much has changed in the types of services we offer to members, Reliant's focus will always be the same—to provide members the most affordable financial services in a friendly, professional atmosphere where you’re always the first priority.

Banks and Credit Unions: What’s the Difference?

How is a credit union different from a bank?

The main difference between credit unions and banks is ownership. Banks are owned by shareholders. The shareholders elect a paid board of directors that works to maximize shareholder return. In contrast, a credit union is a not-for-profit financial cooperative owned by its customers—the members. A credit union’s board is made up of unpaid volunteers from the membership, elected by members.

People helping people

Members purchase a $5 "share" in the credit union when they join. When they open accounts, their savings are pooled and loaned to other members—truly the definition of “people helping people.”

This cooperative system ensures lower loan rates and higher savings rates than typically available at banks, which must maximize profits delivered to shareholders. In contrast, any profits received by the credit union flow back to the membership in the form of lower loan rates, higher savings rates, and enhanced member services.

Serving members and the community

The credit union movement’s motto is “Not for profit, not for charity, but for service.” By providing straightforward services to members so that they can save and borrow to build a better future, credit unions like Reliant help to strengthen families and benefit the communities they serve.